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184
Nov 16, 2012
11/12
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CNBC
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so energy, materials, technology, financials, are the ones you're going to see them sell if they expect the fiscal cliff negotiations to drag on here. what's the message for the market right now? you ready buy yet on this market? >> michael shay is not ready to buy yet. however, i'll tell you it was nice to see that short-term bottom today prior to the white house press conference. it's not as though a whole lot changed. it's been the same message we've got all week. but we got the message in a different setting. we got it at the white house, and we got it after they had met. >> is any deal satisfactory for the market? just get a deal so we get some clarity of how much we're going to pay in taxes, whether it's capital gains or income or whatever it is. any deal. >> no, i don't think any deal. to me, there has to be a deal that actually finally makes sense. >> gary? >> you want to buy some drug stocks. they were not in the group that it lost, as you just -- >> health care was damaged less this week. everybody was down this week, but health care was damaged less. >> johnson & johnson, the
so energy, materials, technology, financials, are the ones you're going to see them sell if they expect the fiscal cliff negotiations to drag on here. what's the message for the market right now? you ready buy yet on this market? >> michael shay is not ready to buy yet. however, i'll tell you it was nice to see that short-term bottom today prior to the white house press conference. it's not as though a whole lot changed. it's been the same message we've got all week. but we got the...
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Nov 12, 2012
11/12
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CNBC
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eye 202
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it's an energy security or national security issue. being self-sufficient n control of our own destiny has a lot of value. so, you don't want to be married to saudi arabia and worried about the middle east and nigeria and syria and all over the world. i don't agree oil will be an $80 or $85 commodity. i predict $125 for brent crude by 2035. delta of maybe $18 to $20. wti trading north of $100. that makes a lot of economic incentive to keep on drilling. but i think what it also keeps is $3.50 gasoline price. a lot of folks ask me, when is $2 gas coming back? i don't think it is. what we haven't talked a lot about is natural gas and the impact natural gas can have, in addition to be sufficient on oil production, natural gas the supply glut we have, we can displace coal, tuesday for transportation, l&g it to asia and europe. it's creating a manufacturing renaissance. we're bringing jobs and companies back to america who want to use natural gas as a feed stock. we're on the right track. the linchpin reallily is access to federal lands and
it's an energy security or national security issue. being self-sufficient n control of our own destiny has a lot of value. so, you don't want to be married to saudi arabia and worried about the middle east and nigeria and syria and all over the world. i don't agree oil will be an $80 or $85 commodity. i predict $125 for brent crude by 2035. delta of maybe $18 to $20. wti trading north of $100. that makes a lot of economic incentive to keep on drilling. but i think what it also keeps is $3.50...
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Nov 15, 2012
11/12
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CNBC
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eye 250
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department of education, energy, homeland security, interior, justice, state. in fact, it's more than we spend at all of them combined. maria, if we do nothing, by the year 2020, we'll be spending over $1 trillion a year on interest cost alone. that's $1 trillion we can't spend in this country to educate our kids or to rebuild our infrastructure or to do high-valuated research. unfortunately, it is $1 trillion that's going to be spent in those countries we're borrowing from. we'll be building the infrastructure in asia. we'll be educating those kids over there. it means we'll be building their universities so the research is done over there so the next new thing is created over there so the jobs of the future are there, not here. that's crazy. >> i think i know the answer to this next question, but i mean, what is a better outcome for the long-term fiscal health of the country? kicking the can down the road or leaving the status quo on spending and taxes or going over the fiscal cliff? i mean, do we need to go over the fiscal cliff with the four spending cuts a
department of education, energy, homeland security, interior, justice, state. in fact, it's more than we spend at all of them combined. maria, if we do nothing, by the year 2020, we'll be spending over $1 trillion a year on interest cost alone. that's $1 trillion we can't spend in this country to educate our kids or to rebuild our infrastructure or to do high-valuated research. unfortunately, it is $1 trillion that's going to be spent in those countries we're borrowing from. we'll be building...
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Nov 14, 2012
11/12
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CNBC
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manufacturing driven by very low energy prices. we're self-sufficient energy for the first time in years. another company like ppg, they really own the coatings business, about 70% of revenues from coatings, they're growing 4% to 6% organically and end the year with $2.5 billion in cash. they just sold their business, another $1 billion, that $3.5 billion in cash, 60% go to grow the business, 40% return to shareholders. you've got 5%, 6% top line, 10%, 12% net income growth with stock buy back and dividend going up 15% a year. you get 2% while you wait. if things -- if we don't do it on a fiscal cliff and things get worse, not going to get hurt. >> where did you buy comcast? >> comcast we've owned for a couple of years. that's another one that has morphed into a return of capital story. when we bought it just superior business model in a tough environment. if things get better, great, employment improves, we're going to have more hook-ups, housing improves, more connections, great growth story. if things don't get better, we're try
manufacturing driven by very low energy prices. we're self-sufficient energy for the first time in years. another company like ppg, they really own the coatings business, about 70% of revenues from coatings, they're growing 4% to 6% organically and end the year with $2.5 billion in cash. they just sold their business, another $1 billion, that $3.5 billion in cash, 60% go to grow the business, 40% return to shareholders. you've got 5%, 6% top line, 10%, 12% net income growth with stock buy back...
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Nov 15, 2012
11/12
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FBC
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tracy: popular caffeinated energy drink 5-hour energy can be found in stores everywhere but now records from the food and drug administration show it has been cited in reports on 13 deaths since 2008. manoj bhargava is the founder of 5-hour energy. he joins us now. i'm glad you're here, sir. i think a lot of people have a lot of questions about this. okay, so the fda does this report, fines 13 people have died and they also took the product. what is the correlation? do we know how many shots of 5-hour energy they took prior to death? >> no, actually the question really starts where does it start? the fda just gathers data. they're not asking at this point because, we just, gather data and submit it to them. this whole thing is, really, i mean, as you know some reporters tend to stretch the truth a little bit and where it really comes from is, for example, i'll give you a an example of one of the deaths. they, it was a tragic car accident and at the end of the accident they found an empty 5-hour bottle in the car. that could be six months ago. tracy: did you reach out to the families? ha
tracy: popular caffeinated energy drink 5-hour energy can be found in stores everywhere but now records from the food and drug administration show it has been cited in reports on 13 deaths since 2008. manoj bhargava is the founder of 5-hour energy. he joins us now. i'm glad you're here, sir. i think a lot of people have a lot of questions about this. okay, so the fda does this report, fines 13 people have died and they also took the product. what is the correlation? do we know how many shots of...
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Nov 12, 2012
11/12
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MSNBCW
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eye 127
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you could feel the passion and the energy on the ground. so the fact that he won it was wonderful. it was a little icing on the cake, like i say, very proud for our president and our florida. >> let's show everybody. the final vote count in florida shows president obama eking out this slim win. 74,000 of vote victory. but it was the second straight time that he carried the state. it has been solidly republican in the past. do you think florida is more blue or purplish nowadays going forward? >> it's sort of a purple-blue, if you will. i think that you're right. in past elections, george bush did very well here. but starting with president obama, it's been trending more and more democratic. and i think a lot of that is what's happening in the i-4 corridor. pinellas county, st. petersburg, my home, hillsboro county here in tampa, both went for the president. but more significantly, orange and osceola counties, you had a great turnout of new puerto r o ricans that made a huge difference in this election, with the immigration issue, of course. >> one thing we need to discuss is the sit
you could feel the passion and the energy on the ground. so the fact that he won it was wonderful. it was a little icing on the cake, like i say, very proud for our president and our florida. >> let's show everybody. the final vote count in florida shows president obama eking out this slim win. 74,000 of vote victory. but it was the second straight time that he carried the state. it has been solidly republican in the past. do you think florida is more blue or purplish nowadays going...
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Nov 15, 2012
11/12
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KRCB
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. >> reporter: today, on capitol hill, members of the house energy and commerce committee had their first chance to question the f.d.a. lawmakers wanted to know how the f.d.a. knew of problems at the pharmacy as early as 2002 but took no action. the agency later issued a warning letter in 2006 but again no tougher action was taken, either. >> after a tragedy like this, the first question we all ask is: could this have been prevented? after an examination of the documents produced by the massachusetts board of pharmacy and the f.d.a., the answer here appears to be yes. >> repoer: some eerts contend the f.d.a. already has the authority to regulate large compounding pharmacies. but in her first public remarks today, f.d.a. commissioner dr. peggy hamburg said her agency needs more power. dr. hamburg proposed a two-tier system where smaller, more traditional pharmacies are regulated by the state. larger pharmacies of all kinds would be overseen by the f.d.a. >> the fact that we have unclear, miteand contested authorities and ambiguities in the law, and a crazy quilt of legal authority has requ
. >> reporter: today, on capitol hill, members of the house energy and commerce committee had their first chance to question the f.d.a. lawmakers wanted to know how the f.d.a. knew of problems at the pharmacy as early as 2002 but took no action. the agency later issued a warning letter in 2006 but again no tougher action was taken, either. >> after a tragedy like this, the first question we all ask is: could this have been prevented? after an examination of the documents produced by...
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78
Nov 20, 2012
11/12
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CSPAN2
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eye 78
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what he just announced as he can do a energy tax tomorrow and not have broken his word and energy tax of course whacking the middle class. he can raise income taxes on people a year from now, which is why what he wanted to do was kick out the bush rates for people less than 250 per year. he can't get -- and this is where you talk about dual mandates. were talking about marginal tax rates on higher income people and successful small businesses. that raises 400 alien. this other taxes in addition to rate increases he wants to include. he talks about the rates. over a decade. so he is $800 billion he plans to raise from higher income people. the size of the dead if he gets that in his budget, assuming he gets the tax hike, he raises a trillion dollars in debt over the next decade. so having solved less than 10% of the problem company then comes back and says that he was going to pay the 8 trillion? .the energy tax, which pours the treasury department has seven times people have been trying to subpoena the information. they don't want to share with anyone because it's not really relevant.
what he just announced as he can do a energy tax tomorrow and not have broken his word and energy tax of course whacking the middle class. he can raise income taxes on people a year from now, which is why what he wanted to do was kick out the bush rates for people less than 250 per year. he can't get -- and this is where you talk about dual mandates. were talking about marginal tax rates on higher income people and successful small businesses. that raises 400 alien. this other taxes in addition...
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277
Nov 16, 2012
11/12
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CNBC
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eye 277
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., including something like a carbon tax for example which would achieve some of his energy goal simply not possible. you can't do it in a short time frame. so i think there are practical questions to that. but i don't think there's a principal objection to it if you somehow combined it with the existing system that in a way that reserved the distribution of the tax burden. he doesn't want to go backward on progressivity. and i think if you can meet those tests, that's part of help saying he's open to it. they've always been skeptical that you can did all these things. spi entitlement reform, deficit reduction and tax reform in anything close to the same time frame. >> all right, john, thank you. one more thing -- becky, i'm afraid to tell you this. fi phil lebeau, he knows everything about -- the last major -- >> i saw that. >> last major airline crash in the u.s. with fatalities was the one which was right after 9/11. >> horrific. >> in new york and right after 9/11. november of 2001. >> there was a 60 minutes piece on that neighborhood because that neighborhood just got swamped again
., including something like a carbon tax for example which would achieve some of his energy goal simply not possible. you can't do it in a short time frame. so i think there are practical questions to that. but i don't think there's a principal objection to it if you somehow combined it with the existing system that in a way that reserved the distribution of the tax burden. he doesn't want to go backward on progressivity. and i think if you can meet those tests, that's part of help saying he's...
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Nov 19, 2012
11/12
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KCSMMHZ
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eye 37
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even the region's commissioner for energy talks about the corruption. >> some of them are lazy. that's all i can say about those officials. some of them are very lazy. they try to avoid work. when they say i'll come in by eight o'clock, they come at ten. when they are supposed to close by four, they are closing by two. that's the only thing i know abut them. but i don't believe they're stealing money. it was their politicians. it's a different thing. >> oil seeps out of leaky pipes day and night -- nobody here is interested in international standards. corruption and ignorance have led to unparalleled destruction to the environment in the niger delta. for decades shell pumped oil here. the company is accused of not doing enough to stop the leaks. the situation in the fishing village of bodo is especially dramatic. several oil disasters have poisoned the water, and destroyed the livelihood of fishermen like akare linus. >> i'm very angry at the people responsible for all this here. there used to be enough fish for everyone. then, because of the oil, all my nets were damaged. besid
even the region's commissioner for energy talks about the corruption. >> some of them are lazy. that's all i can say about those officials. some of them are very lazy. they try to avoid work. when they say i'll come in by eight o'clock, they come at ten. when they are supposed to close by four, they are closing by two. that's the only thing i know abut them. but i don't believe they're stealing money. it was their politicians. it's a different thing. >> oil seeps out of leaky pipes...
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1.1K
Nov 19, 2012
11/12
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CNNW
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also, added pressure on energy prices, because of unrest in the middle east today. oil prices are higher because of concerns that the fighting between israel and gaza could expand. that would potentially disrupt oil supplies in the region. light sweet crude oil prices up nearly 1% to 88 a barrel. and walmart on the offensive against a workers walkout planned for black friday. walmart filed a complaint with the national labor relations board. it says the union-backed, quote our walmart group didn't file the right paperwork to picket during past demonstrations. our walmart says it has 1,000 protests planned across the country later this week. walmart plans to open doors for black friday at 8:00 p.m. on thanksgiving night. so now, we're calling it black friday mission creep. it's black thursday now. so there you go. >> go shopping now. why wait? >> i'm going to tell you a little secret. according to deal news, 70% of the in-store deals for black friday are already available online. >> so throw on my sweat pants and be comatose after my turkey. >> if you've really got t
also, added pressure on energy prices, because of unrest in the middle east today. oil prices are higher because of concerns that the fighting between israel and gaza could expand. that would potentially disrupt oil supplies in the region. light sweet crude oil prices up nearly 1% to 88 a barrel. and walmart on the offensive against a workers walkout planned for black friday. walmart filed a complaint with the national labor relations board. it says the union-backed, quote our walmart group...
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74
Nov 17, 2012
11/12
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CSPAN
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eye 74
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which would bring jobs and energy down to america, they reject that. that is not attractive in terms of global investment and job creation. the caller also talked about what caused the deficit then been a lot of charts and graphs dispel some myths. over four years, the total deficit was 5000 $92 billion. the taxes on the wealthy over that same time was $136 billion. all other americans was $544 billion. total cost of the bush tax cuts and the wars was about $1.30 trillion which means 75% of the deficit was caused by other spending. the wars and the tax cuts certainly contributed, but 75% was caused by other spending. the wars are ramping down and we are going to be taking a look at what we can do with revenue. it is far more efficient to grow the economy. you get hundreds of billions of dollars in additional revenue versus trying to increase tax rates on small businesses. host: what is your biggest accomplishment since entering the senate? guest: i like to think delving into the details of the federal budget, breaking it out into a more simplistic expl
which would bring jobs and energy down to america, they reject that. that is not attractive in terms of global investment and job creation. the caller also talked about what caused the deficit then been a lot of charts and graphs dispel some myths. over four years, the total deficit was 5000 $92 billion. the taxes on the wealthy over that same time was $136 billion. all other americans was $544 billion. total cost of the bush tax cuts and the wars was about $1.30 trillion which means 75% of the...
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191
Nov 16, 2012
11/12
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KGO
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eye 191
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that came out this week -- five hour energy. whether deaths were linked to the drink. all tough that. maybe the timing isn't great. but sounds kind of tasty. >> this one is specifically marketed to adults. not to little johnnies. >> that's good. that's good. all right, folks. well, hopefully you didn't need any caffeine to stay up with us on this friday. with that, as always, our friday, enjoy your polka. >> everyone here at miloski's farm, listen up. ♪ here's my visual cliche like the pilgrims used to say it's the turkey polka ♪ ♪ smell that gravy in the pan overdose on tryptophan ♪ ♪ that's the turkey polka ♪ turkeys are such stupid birds they're proving so today if these are free-range turkeys why don't they all run away ♪ ♪ here in calverton, new york, the turkeys yell eat more pork ♪ ♪ that's the turkey polka ♪ ♪ you stuff your face with sweet potato pie and never stop ♪ ♪ when black friday comes we'll work the pounds off when we shop ♪ ♪ spend all your hard-earned pay on junk from china usa! ♪ ♪ that's the turkey polka ♪ i co
that came out this week -- five hour energy. whether deaths were linked to the drink. all tough that. maybe the timing isn't great. but sounds kind of tasty. >> this one is specifically marketed to adults. not to little johnnies. >> that's good. that's good. all right, folks. well, hopefully you didn't need any caffeine to stay up with us on this friday. with that, as always, our friday, enjoy your polka. >> everyone here at miloski's farm, listen up. ♪ here's my visual...
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Nov 12, 2012
11/12
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CNNW
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eye 105
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let's broaden the world's energy mix. let's go. >>> all right, 39 minutes past. questions continue to mount over the shocking resignation of cia director david petraeus. citing an extramarital affair with his one-time biographer paula broadwell. some congressional leaders saying they should have been alerted earlier in concerns of a breach of national security. >> we received no advance notice. it was like a lightning bolt. the way i found out, i came back to washington thursday night. friday morning, the staff director told me there were a number of calls from press about this. i mean, this is something that could have had an effect on national security. i think we should have been told. >> the retired four-star general released a statement on friday announcing his resignation, saying, quote, after being married for over 37 years, i showed extremely poor judgment by engaging in an extramarital affair. such behavior is unacceptable, both as a husband and as the leader of an organization such as ours. with us for this morning's panel, richard socarides, a former s
let's broaden the world's energy mix. let's go. >>> all right, 39 minutes past. questions continue to mount over the shocking resignation of cia director david petraeus. citing an extramarital affair with his one-time biographer paula broadwell. some congressional leaders saying they should have been alerted earlier in concerns of a breach of national security. >> we received no advance notice. it was like a lightning bolt. the way i found out, i came back to washington thursday...